On July 14, 1999, the face amount of marketable U.S. government securities held in custody by the Federal Reserve Banks for foreign official and international accounts was 598,636 million, a change of -$ 3,012 million for the week. The total includes the face value of U.S. Treasury strips and other zerocoupon bonds.1 Net of $ 16,535 million daily average, matched sale-purchase transactions outstanding during the latest statement week, of which a net of $ 16,535 million was with foreign official and international accounts. Includes securities loaned--fully secured by U.S. government securities.2 Net of $ 15,979 million matched sale-purchase transactions outstanding at the end of the latest statement week, of which a net of $ 15,979 million was with foreign official and international accounts. Includes $ 1,488 million securities loaned--fully secured U.S. government securities.3 Includes $ 4,740 million of inflation-indexed securities valued at the original face amount and $ 152 million of compensation that adjusts for the effects of inflation on the principal of such securities.4 Consists of required clearing balances of $ 6,736 million and adjustments of $ 297 million to compensate for float.5 Excludes required clearing balances and adjustments to compensate for float.

* Estimated (Treasury's figures).Components may not add to totals due to rounding.

Worksheet for H.4.1 (a)

CONSOLIDATED STATEMENT OF CONDITION OF ALL FEDERAL RESERVE BANKSMillions of Dollars

Change Since

ASSETS

*

Wednesday Jul 14, 1999

Wednesday Jul 7, 1999

Wednesday Jul 15, 1998

Gold certificate account

11,045

- 1

- 2

Special drawing rights certificate account

8,200

0

- 1,000

Coin

290

- 3

- 105

Loans

217

- 5

+ 9

Acceptances

0

0

0

Federal agency obligations

Bought outright

254

- 5

- 272

Held under repurchase agreements (1)

6,986

+ 2,740

+ 4,561

U.S. government securities

Bought outright--Bills

199,720

+ 1,011

+ 35

Notes (2)

209,807

+ 951

+ 30,922

Bonds (3)

77,884

0

+ 15,567

Total bought outright (4)

487,411

+ 1,962

+ 46,524

Held under repurchase agreements (1)

3,172

+ 1,747

- 6,320

Total U.S. government securities

490,583

+ 3,709

+ 30,712

Total loans and securities

498,040

+ 6,439

+ 44,503

Items in process of collection

(710)

7,907

- 3,407

+ 376

Bank premises

1,322

+ 1

+ 28

Other assets (5)

31,888

+ 377

+ 118

TOTAL ASSETS

(710)

558,691

+ 3,404

+ 43,918

LIABILITIES

Federal Reserve notes

507,918

- 1,686

+ 46,085

Deposits

Depository institutions

20,023

+ 7,571

- 3,684

U.S. Treasury--general account

5,491

- 216

+ 182

Foreign--official accounts

265

+ 5

+ 85

Other

(14)

276

+ 14

- 3

Total deposits

(14)

26,055

+ 7,373

- 3,422

Deferred availability cash items

(696)

7,297

- 2,357

+ 423

Other liabilities and accrued dividends (6)

4,323

+ 26

- 313

TOTAL LIABILITIES

(710)

545,592

+ 3,356

+ 42,772

CAPITAL ACCOUNTS

Capital paid in

6,287

+ 7

+ 472

Surplus

5,952

0

+ 732

Other capital accounts

860

+ 41

- 58

*Figures in parentheses are the eliminations made in the consolidation process.1 Does not include U.S. government and federal agency securities resold under matched sale-purchase transactions to foreign official and international accounts of which $ 0 million was outstanding at the end of the latest statement week.2 Includes $ 3,570 million of inflation-indexed securities valued at the original face amount and $ 125 million of compensation that adjusts for the effects of inflation on the principal of such securities.3 Includes $ 1,170 million of inflation-indexed securities valued at the original face amount and $ 26 million of compensation that adjusts for the effects of inflation on the principal of such securities.4 Net of $ 15,979 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 1,488 million securities loaned--fully secured by U.S. government securities.5 Includes assets denominated in foreign currencies, revalued monthly at market exchange rates. Includes special investment account at Chicago of $ 0 million in Treasury bills maturing within 90 days.6 Includes exchange-translation account reflecting the monthly revaluation at market exchange rates of foreign exchange commitments.Components may not add to totals due to rounding.

MATURITY DISTRIBUTION OF LOANS AND SECURITIES, July 14, 1999Holdings of securities include securitites held under repurchase agreements, which are classified according to remaining maturity.

Millions of dollars

U.S. government securities (1)

Federal agency obligations

Loans

Acceptances

Holdings

Weekly changes

Holdings

Weekly changes

Within 15 days

64

0

Within 15 days

14,937

+ 2,552

6,991

+ 2,740

16 to 90 days

153

0

16 to 90 days

100,023

+ 330

21

- 5

Over 90 days

0

0

91 days to 1 year

141,120

+ 829

58

0

Over 1 to 5 years

122,393

0

20

0

Over 5 to 10 years

49,488

0

150

0

Over 10 years

62,623

0

0

0

Total

217

0

Total

490,583

+ 3,709

7,240

+ 2,735

1 Includes $ 4,740 million of inflation-indexed securities valued at the original face amount and $ 152 million of compensation that adjusts for the effects of inflation on the principal of such securities.Components may not add to totals due to rounding.

H.4.1 (b)

STATEMENT OF CONDITION OF EACH FEDERAL RESERVE BANK ON July 14, 1999Millions of dollars

ASSETS

Total

Boston

New York

Philadelphia

Cleveland

Richmond

Atlanta

Chicago

St. Louis

Minneapolis

Kansas City

Dallas

SanFrancisco

Gold certificate account

11,045

533

4,432

319

566

834

724

993

337

140

313

575

1,279

Special drawing rights certif. acct.

8,200

406

3,215

247

396

683

596

725

232

103

231

451

915

Coin

290

7

14

32

13

34

37

25

19

19

19

42

30

Loans

217

2

0

0

0

0

7

46

41

65

27

0

29

Acceptances

0

0

0

0

0

0

0

0

0

0

0

0

0

Federal agency obligations

Bought outright

254

13

101

8

15

19

15

24

8

3

8

13

27

Held under repurchase agreements(1)

6,986

0

6,986

0

0

0

0

0

0

0

0

0

0

U.S. government securities

Bought outright--Bills

199,720

10,328

79,538

5,982

11,561

15,025

12,157

18,758

6,570

2,389

5,989

9,952

21,473

Notes (2)

209,807

10,850

83,555

6,284

12,145

15,784

12,771

19,705

6,901

2,509

6,292

10,454

22,558

Bonds (3)

77,884

4,028

31,017

2,333

4,508

5,859

4,741

7,315

2,562

931

2,336

3,881

8,374

Total bought outright(4)

487,411

25,206

194,109

14,599

28,214

36,668

29,668

45,778

16,033

5,829

14,617

24,286

52,405

Held under repurchase agreements(1)

3,172

0

3,172

0

0

0

0

0

0

0

0

0

0

Total U.S.govt. securities

490,583

25,206

197,281

14,599

28,214

36,668

29,668

45,778

16,033

5,829

14,617

24,286

52,405

Total loans and securities

498,040

25,220

204,368

14,606

28,228

36,687

29,691

45,848

16,083

5,897

14,652

24,299

52,461

Items in process of collection

8,617

328

864

416

452

1,150

831

622

151

696

678

368

2,061

Bank premises

1,322

93

163

50

157

124

104

107

31

129

52

147

164

Other assets(5)

31,888

1,451

10,674

949

1,881

4,345

2,012

2,862

808

720

818

1,326

4,044

Interdistrict settlement account

0

- 613

- 3,566

+ 9,051

- 1,060

-10,920

- 2,115

+ 9,709

+ 2,966

- 3,230

+ 2,383

- 944

- 1,662

TOTAL ASSETS

559,401

27,426

220,165

25,670

30,633

32,936

31,880

60,890

20,626

4,473

19,146

26,264

59,292

1 Does not include U.S. government and federal agency securities resold under matched sale-purchase transactions to foreign official and international accounts, of which $ 0 was outstanding at the end of the latest statement week.2 Includes $ 3,570 million of inflation-indexed securities valued at the original face amount and $ 125 million of compensation that adjusts for the effects of inflation on the principal of such securities.3 Includes $ 1,170 million of inflation-indexed securities valued at the original face amount and $ 26 million of compensation that adjusts for the effects of inflation on the principal of such securities.4 Net of $ 15,979 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 1,488 million securities loaned--fully secured by U.S. government securities.5 Includes assets denominated in foreign currencies, revalued monthly at market exchange rates. Includes special investment account at Chicago of $ 0 million in Treasury bills maturing within 90 days.Components may not add to totals due to rounding.

H.4.1 (c)

STATEMENT OF CONDITION OF EACH FEDERAL RESERVE BANK ON July 14, 1999Millions of dollars

LIABILITIES

Total

Boston

New York

Philadelphia

Cleveland

Richmond

Atlanta

Chicago

St. Louis

Minneapolis

Kansas City

Dallas

SanFrancisco

Federal Reserve notes

507,918

25,148

202,835

24,261

27,978

26,714

28,485

55,927

18,996

2,930

17,464

24,290

52,889

Deposits

Depository institutions

20,023

1,009

6,136

592

1,191

2,254

1,339

2,719

818

441

680

906

1,938

U.S. Treasury--general account

5,491

0

5,491

0

0

0

0

0

0

0

0

0

0

Foreign--official accounts

265

7

149

4

10

30

10

69,385

3

11,392

3

6

24

Other

290

0

75

0

2

116

1

1

4

0

72

2

16

Total deposits

26,069

1,016

11,852

597

1,203

2,401

1,351

2,734

825

446

755

913

1,977

Deferred credit items

7,993

443

969

258

347

859

868

585

329

575

422

383

1,956

Other liabilities and accrued dividends (1)

4,323

224

1,666

152

246

321

286

393

159

85

156

215

421

TOTAL LIABILITIES

546,303

26,830

217,321

25,268

29,774

30,295 ;

30,990

59,639

20,309

4,036

18,797

25,801

57,243

CAPITAL ACCOUNTS

Capital paid in

6,287

285

1,314

194

416

1,301

430

604

153

216

167

210

997

Surplus

5,952

267

1,208

177

399

1,238

418

583

121

202

140

227

972

Other capital accounts

860

43

321

32

44

103

41

65

44

19

42

25

80

TOTAL LIABILITIES AND CAPITAL ACCOUNTS

559,401

27,426

220,165

25,670

30,633

32,936

31,880

60,890

20,626

4,473

19,146

26,264

59,292

FEDERAL RESERVE AGENTS' ACCOUNTS

F.R. notes outstanding

733,984

32,144

293,153

29,486

35,073

50,751

49,857

69,385

24,803

11,392

24,164

36,969

76,806

Less--Held by F.R. Banks

226,066

6,997

90,318

5,224

7,095

24,036

21,372

13,459

5,807

8,462

6,701

12,679

23,917

F.R. notes, net

507,918

25,148

202,835

24,261

27,978

26,714

28,485

55,927

18,996

2,930

17,464

24,290

52,889

Collateral held against F.R. notes

Gold certificate account

11,045

Special drawing rights certificate account

8,200

Other eligible assets

0

U.S.govt. and agency securities

488,673

Total collateral

507,918

1 Includes exchange translation account reflecting the monthly revaluation at market exchange rates of foreign exchange commitments.Components may not add to totals due to rounding.